589 Steven Court, Newmarket, ON L3Y 6Z3
$12,499,000
$12,499,000

589 Steven Court

Stonehaven-Wyndham, Newmarket, York $12,499,000

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Outside/Surface Garage
Zoning: Mixed Employment Zone (EM)
MLS®#:
N12481598
Property Type:
Industrial
Property Style:
Area:
York
Community:
Stonehaven-Wyndham
Taxes:
$39,480 / 2024
Added:
October 23 2025
Lot Frontage:
320.08
Lot Depth:
345.79
Status:
Active
Outside:
Year Built:
Brokerage:
HARVEY KALLES REAL ESTATE LTD.
Lot :

345

320

BIG LOT

Lot Irregularities:
Depth 345.79 South, 329.65
Intersection:
Bayview & Mulock
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Partial
Heating Type:
Gas Forced Air Closed
Heating Fuel:

Listing Details

Welcome to 589 Steve Court, an exceptional 2.236-acre property featuring a 21,000 sq. ft. industrial building zoned Mixed Employment (EMI)-offering incredible flexibility for a wide range of permitted uses.Zoning allows for medical building, hotel, light manufacturing, office, public storage, warehouse, and more. The existing building is currently leased to seven separate tenants, providing stable income with future development potential. A 1-acre side lot offers excellent possibilities for building expansion or potential severance, enhancing long-term value and versatility for investors or end-users.This highly desirable location is minutes from Mulock Drive, Bayview Avenue, Yonge Street, and Highway 404, with public transit, GO Transit, and Southlake Regional Health Centre all close by. The property is also near Pickering College, Fairy Lake Park, and major recreational centers-making it ideal for future mixed-use or institutional development.Within walking distance to the proposed Mulock GO Station and the Proposed Major Transit Station Area (MTSA), this site offers prime positioning for future growth and transit-oriented opportunities.

New roof in 2025

Insights

  1. Versatile Zoning: The property is zoned Mixed Employment (EMI), allowing for a wide range of uses including medical buildings, hotels, light manufacturing, and more, providing flexibility for various business opportunities.
  2. Stable Income Stream: Currently leased to seven separate tenants, the property generates stable income, making it an attractive investment for buyers seeking immediate cash flow.
  3. Prime Location for Growth: Situated near major transit routes and the proposed Mulock GO Station, the property is positioned for future growth and development, enhancing its long-term value and appeal.

Neighborhood Overview

Complete neighborhood profile for 589 Steven Court

Stonehaven-Wyndham home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Stonehaven-Wyndham
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)